EQS-News: ABIVAX / Key word(s): Miscellaneous
ABIVAX ANNOUNCES AD HOC ORDINARY AND EXTRAORDINARY GENERAL MEETING ON NOVEMBER 9, 2022
The preliminary meeting notice n°2204052, which is also a convening notice and includes the agenda of the meeting and the text of the proposed resolutions, was published in French in the Bulletin des Annonces Légales Obligatoires n°118 on October 3, 2022. A copy on the French-language announcement and an English-language convenience translation are each available on the Company’s website(“Investors”).
The purpose of this Shareholders’ Meeting is to renew the existing financial delegations to the Board of Directors, the scope of which has previously been approved unanimously by the Board of Directors, in order to authorize Abivax to complete one or more financing transactions to fund its activities and, in particular, its phase 3 clinical program for obefazimod in the treatment of ulcerative colitis.
It will also be proposed to the shareholders to delegate new powers to the Board of Directors to establish new, or amend existing, incentive mechanisms for the benefit of the Company’s employees, managers and/or other partners, in the form of warrants, options and/or shares.
The Shareholders’ Meeting documents and the voting form will be made available to Shareholders as required by applicable French law and regulation.
The detailed procedures for participating in the meeting and sending written questions are available in the aforementioned meeting notice.
About Abivax (www.abivax.com)
Abivax, a phase 3 clinical stage biotechnology company, is developing novel therapies that modulate the body’s natural immune machinery to treat patients with chronic inflammatory diseases, viral infections, and cancer. Abivax, founded by Truffle Capital, is listed on Euronext compartment B (ISIN: FR0012333284 – Mnémo: ABVX). Based in Paris and Montpellier, Abivax has two drug candidates in clinical development, obefazimod (ABX464) to treat severe inflammatory diseases, and ABX196 to treat hepatocellular carcinoma. More information on the company is available at www.abivax.com. Follow us on Twitter @ABIVAX_.
This press release is for information purposes only, and the information contained herein does not constitute either an offer to sell, or the solicitation of an offer to purchase or subscribe securities of the Company in any jurisdiction, in particular in France. Similarly, it does not give and should not be treated as giving investment advice. It has no connection with the investment objectives, financial situation or specific needs of any recipient. It should not be regarded by recipients as a substitute for exercise of their own judgement. All opinions expressed herein are subject to change without notice. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.
03.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG.